Moody’s affirms AFC A3 rating from negative to stable outlook
Benjamin Orisemeke Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider, Thursday announced it received uplift to its credit...
World Economy
Climate finance by MDBs hits record $125bn in 2023 – Report
Multilateral development banks (MDBs) including the African Development Bank (AfDB) say their collective financing for climate action hit a record...
A strategic pivot in global fiscal policy
Gita Gopinath It is a pleasure to be here today to deliver the Whitaker Lecture. Ken Whitaker made extraordinary contributions...
Oil moves higher on surprise crude draw
Agency Report Crude oil prices ticked higher Wednesday after the U.S. Energy Information Administration reported an estimated inventory draw of...
AfDB provides $ 102.79m to support farmers in Guinea, Senegal, Togo
Omeiza Bilal The Board of Directors of the African Development Bank Group (AfDB) has approved $102.79 million for the Multinational...
Cote d’Ivoire to mobilise $22bn to fight climate change
About 13 trillion CFA francs ($22bn) are needed for combating climate change and mitigating its effects in Cote d’Ivoire, a...
Dangote calls on African business leaders to drive continent’s transformation
The President and Chief Executive of the Pan-African conglomerate, Dangote Group, Aliko Dangote, has called on African business leaders to...
Russia plans export restrictions of strategic minerals to ‘unfriendly powers’
Despite slapping Moscow with an unprecedented sanctions regime in 2022, European countries and the United States continue to rely on...
How to awaken Europe’s private sector, boost economic growth
By Diego Cerdeiro, Gee Hee Hong, and Alfred Kammer In the European Union, income per person, one of the main...
IsDB highlights strategic business opportunities, economic collaborations in Brunei
The Islamic Development Bank (IsDB) Group co-hosted its inaugural IsDB Group Day with Bank Islam Brunei Darussalam (BIBD) in collaboration with the...
